Shareholders' Equity

9 Months Ended

Mar. 31, 2024

Equity [Abstract]

Shareholders' Equity

Shareholders’ Equity

A summary of activity impacting shareholders’ equity for the three- and nine-month periods ended March 31, 2024 and April 2, 2023 were as follows (in thousands):

	Three months ended March 31, 2024
	Total Shareholders’ Equity		Common Stock		Capital in Excess of Par Value		Retained Earnings		Accumulated Other Comprehensive Loss			Treasury Stock			Non-Controlling Interest
Balance, December 31, 2023	$	217,641	$	76	$	101,207	$	239,486	$	(13,878	)	$	(135,501	)	$	26,251
Net income		1,126		—		—		1,506		—			—			(380	)
Translation adjustments		1,043		—		—		—		627			—			416
Stock based compensation		240		—		240		—		—			—			—
Pension and postretirement    adjustment, net of tax		46		—		—		—		46			—			—
Employee stock purchases		18		—		6		—		—			12			—
Balance, March 31, 2024	$	220,114	$	76	$	101,453	$	240,992	$	(13,205	)	$	(135,489	)	$	26,287

	Three months ended April 2, 2023
	Total Shareholders’ Equity			Common Stock		Capital in Excess of Par Value		Retained Earnings			Accumulated Other Comprehensive Loss			Treasury Stock			Non-Controlling Interest
Balance, January 1, 2023	$	217,676		$	75	$	102,520	$	239,255		$	(19,226	)	$	(135,556	)	$	30,608
Net loss		(3,287	)		—		—		(2,256	)		—			—			(1,031	)
Translation adjustments		3,451			—		—		—			2,304			—			1,147
Stock based compensation		265			—		265		—			—			—			—
Pension and postretirement     adjustment, net of tax		350			—		—		—			350			—			—
Employee stock purchases		18			—		4		—			—			14			—
Balance, April 2, 2023	$	218,473		$	75	$	102,789	$	236,999		$	(16,572	)	$	(135,542	)	$	30,724

	Nine months ended March 31, 2024
	Total Shareholders’ Equity			Common Stock		Capital in Excess of Par Value			Retained Earnings		Accumulated Other Comprehensive Loss			Treasury Stock			Non-Controlling Interest
Balance, July 2, 2023	$	211,024		$	75	$	100,309		$	234,299	$	(14,194	)	$	(135,526	)	$	26,061
Net income		6,361			—		—			6,693		—			—			(332	)
Translation adjustments		1,408			—		—			—		850			—			558
Purchase of SPA non-    controlling interest		(97	)		—		(97	)		—		—			—			—
Stock based compensation		1,224			—		1,224			—		—			—			—
Pension and postretirement    adjustment, net of    tax		139			—		—			—		139			—			—
Employee stock purchases		55			1		17			—		—			37			—
Balance, March 31, 2024	$	220,114		$	76	$	101,453		$	240,992	$	(13,205	)	$	(135,489	)	$	26,287

	Nine months ended April 2, 2023
	Total Shareholders’ Equity			Common Stock		Capital in Excess of Par Value		Retained Earnings			Accumulated Other Comprehensive Loss			Treasury Stock			Non-Controlling Interest
Balance, July 3, 2022	$	219,947		$	75	$	101,524	$	240,969		$	(18,588	)	$	(135,580	)	$	31,547
Net loss		(5,865	)		—		—		(3,970	)		—			—			(1,895	)
Dividend declared – non-    controlling Interests of    subsidiaries		(600	)		—		—		—			—			—			(600	)
Translation adjustments		3,198			—		—		—			1,526			—			1,672
Stock based compensation		1,139			—		1,139		—			—			—			—
Pension and postretirement    adjustment, net of    tax		490			—		—		—			490			—			—
Stock option exercises		109			—		109		—			—			—			—
Employee stock purchases		55			—		17		—			—			38			—
Balance, April 2, 2023	$	218,473		$	75	$	102,789	$	236,999		$	(16,572	)	$	(135,542	)	$	30,724